Preview | Agreement and Plan of Merger |

TABLE OF CONTENTS


	Page
ARTICLE I The Merger		1
Section 1.01. The Merger		1
Section 1.02. Closing		1
Section 1.03. Effective Time		1
Section 1.04. Effects of the Merger		2
Section 1.05. Articles of Incorporation and By-laws		2
Section 1.06. Directors		2
Section 1.07. Officers		2
ARTICLE II Effect of the Merger on the Capital Stock of the Constituent Corporations; Exchange of Certificates; Adjustments; Company Stock Options		2
Section 2.01. Effect on Capital Stock		2
Section 2.02. Exchange of Certificates		3
Section 2.03. Company Stock Options		5
ARTICLE III Representations and Warranties		5
Section 3.01. Representations and Warranties of the Company		5
Section 3.02. Representations and Warranties of Parent and Sub		20
ARTICLE IV Covenants Relating to Conduct of Business		23
Section 4.01. Conduct of Business		23
Section 4.02. No Solicitation		26
ARTICLE V Additional Agreements		28
Section 5.01. Preparation of the Proxy Statement; Shareholders? Meeting		28
Section 5.02. Access to Information; Confidentiality		29
Section 5.03. Reasonable Best Efforts		29
Section 5.04. Employee Matters		30
Section 5.05. Indemnification, Exculpation and Insurance		32
Section 5.06. Public Announcements		33
Section 5.07. Fees and Expenses		34
Section 5.08. Resignation of Directors		34
ARTICLE VI Conditions Precedent		35
Section 6.01. Conditions to Each Party?s Obligation to Effect the Merger		35

-i-

TABLE OF CONTENTS
(continued)


	Page
Section 6.02. Conditions to Obligations of Parent and Sub		35
Section 6.03. Conditions to Obligation of the Company		36
Section 6.04. Frustration of Closing Conditions		36
ARTICLE VII Termination, Amendment and Waiver		36
Section 7.01. Termination		36
Section 7.02. Effect of Termination		37
Section 7.03. Amendment		38
Section 7.04. Extension; Waiver		38
ARTICLE VIII General Provisions		38
Section 8.01. Nonsurvival of Representations and Warranties		38
Section 8.02. Notices		38
Section 8.03. Definitions		39
Section 8.04. Interpretation		40
Section 8.05. Counterparts		41
Section 8.06. Entire Agreement; No Third-Party Beneficiaries		41
Section 8.07. GOVERNING LAW		41
Section 8.08. Assignment		41
Section 8.09. Specific Enforcement; Consent to Jurisdiction		41
Section 8.10. Severability		42

EXHIBITS:

Exhibit A Articles of Incorporation of the Surviving Corporation

-ii-

TABLE OF DEFINED TERMS


	Page
1999 Stock Option Plan		6
Actions		11
Adverse Recommendation Change		27
Affiliate		39
Agreement		1
Antitrust Division		30
Articles of Merger		1
business day		40
Certificate		3
Closing		1
Closing Date		1
Code		5
Commitment Letter		22
Company		1
Company Articles		2
Company Benefit Agreement		14
Company Benefit Plan		14
Company Board		5
Company By-laws		6
Company Capital Stock		6
Company Common Stock		1
Company Disclosure Letter		5
Company Pension Plan		15
Company Preferred Stock		6
Company Stock Option Plans		6
Company Stock Options		6
Company Termination Fee		34
Confidentiality Agreement		29
Continuing Employee		31
Contract		8
Effective Time		2
Environmental Claims		14
Environmental Law		14
ERISA		14
ERISA Affiliate		40
Exchange Act		8
Exchange Fund		3
FDA		12
Filed SEC Document		5
FTC		30
GAAP		9
Governmental Entity		8

-i-

TABLE OF DEFINED TERMS
(continued)


	Page
Hazardous Materials		14
HSR Act		8
Indebtedness		24
Indemnified Parties		33
Intellectual Property Rights		18
Judgment		8
Knowledge		40
Law		8
Liens

End of Preview